Yerbae

PLANT-BASED Enhanced Sparkling Water

Analytics

Raised to Date: $1,069,280

Aggregate Commitments $
Platform

StartEngine

Start Date

09/25/2020

Close Date

03/25/2021

Min. Goal

$9,998

Max. Goal

$1,069,942

Min. Investment

$246

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$34,000,000

Rolling Commitments $
Status
Funded
Reporting Date

03/31/2021

Days Remaining
Funded
% of Min. Goal

10,695%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$5,908

# of Investors

1,128

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Scottsdale, Arizona

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Yerbae, with a pre-money valuation of $33.9 million, is raising crowdfunding on StartEngine. The company makes plant-based, zero-calorie, enhanced sparkling water. The beverage of Yerbae comes bursting with flavor and functionality, and helps in digestion, boosting metabolism, cardiovascular health, and increased physical endurance. Todd Gibson and Karrie Gibson founded Yerbae in August 2020. The current crowdfunding campaign of the company has a minimum raise of $9,998.08 and a maximum raise of $1,069,942.22. Yerbae has sold over 10 million cans across the country since its launch and has grown 333% in net sales since 2017. It has multiple retail partners, including WaWa, Circle K, Walmart, and Safeway, and is starting new distribution relationships with Pepsi.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$3,610,897

$1,887,808

COGS

$2,345,233

$1,463,647

Tax

$674

$3,778

 

 

Net Income

$-2,694,314

$-2,008,195

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$542,633

$219,143

Accounts Receivable

$328,193

$20,171

Total Assets

$1,287,970

$727,495

Short-Term Debt

$406,163

$2,953,437

Long-Term Debt

$0

$928,876

Total Liabilities

$406,163

$3,882,313

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings

Analyst Report

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Yerbae on StartEngine
Follow company
Follow Yerbae on StartEngine
Want to learn more about Yerbae?
Join the Pre-IPO Market’s #1 Ratings & Analytics Service FREE for 7 days.
Yes! I want to start my free trial.
Already a member? Log in here.